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Thursday, November 03, 2011

Car Crashes Cost U.S. $300B A Year: AAA

(CBS News)

Every hour, car crashes kill an average of four people on America's roads.

That's the human cost.

But, according to a triple-a study released Thursday, the financial cost of car crashes is just as stunning.

The study, reports CBS News correspondent Mark Strassmann, says crashes costs $300 billion a year -- three times more expensive than traffic congestion.

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